Tag: Financial Conduct Authority (FCA)

Despite the coronavirus pandemic, the Financial Conduct Authority (FCA) has issued another statement saying that firms cannot rely on LIBOR being published after the end of 2021.

The British government has amended its initiatives to help companies survive the global COVID-19 pandemic. Now, the country’s top financial markets watchdog has offered guidance as to what this will be regulated.

As the coronavirus crisis keeps on growing, many businesses have expressed concerns regarding their ability to complete contracts if people cannot meet in person to sign so-called wet signatures – signatures written with a pen.

The Financial Conduct Authority (FCA) has revealed that the number of complaints towards regulated companies increased from 4.29 million in the first half of 2019 to 6.02 million in the second half of the year.

Last week the UK’s financial market regulator suggested a smattering of relief measures to protect people affected by the coronavirus. Now those measures have snapped into action.

The coronavirus has put traders and companies under tremendous stress. To help them deal with the current crisis, two of the leading financial regulators have given them one more year to implement new trading rules.

While KPMG understands the Financial Conduct Authority's (FCA) proposals to soften the financial blow of COVID-19, the professional services firm reminded the regulator that the crisis is not easy for banks either.

The UK top financial market watchdog is proposing a three-month payment freeze among other measures designed to help people ride out the COVID-19 storm.

The Financial Conduct Authority (FCA) has told banks, building societies and credit unions that they need to carefully consider which of their workers should be able to work remotely in order to deal with COVID-19 appropriately.

Money saving app Chip has been approved by the UK's Financial Conduct Authority (FCA) as an authorised payment institution.